I am on watch for signs of a resumptin of the downtrend this week. A repeat of 1987 seems very unlikely. However I am open minded. Look for a couple of doji candlesticks early this week or flat close. Then be on watch for a big red down bar that closes back down UNDER the downtrend line. If this happens, and it happens very swiftly, we must be open minded to...
It’s been a while since I last posted. 1968 struck me as a wonderful year it seemed nice all through the 70s. The problem was the ramp-it inflation all the way through the early 80s. And as we all know the best of things come in three’s . Like threesomes! No but seriously guys and gals we have a black swan event on our hands in the next few weeks. Do yourself...
We are going down and not coming back up.
Just remarkable and noteworthy to look at.. The DJ industrial index just arrived at a critical zone of potential resistance on a ulta long term timeframe. This is the line between betwwen the 1929 top and the 2000 top . Indeed: The two school examples of big stock market crashes. I was wondering where the rally of the DJ industrial index came form. Just had a...
Dow Jones Crash 1929 vs. 2021
HKEX:1929 Broke out after a 2-months or so consolidation and looking to see further upside to HKD11.23 thereabouts.
The past doesn't repeat exactly, and I don't expect a repeat of 1929... however, in my opinion we're in a similar deflationary environment and we're 4 months or so from the March bottom of the 2020 crash. I thought it might be interesting to look at the 1929 crash from the point of view of 4 months from the 1929 crash bottom when the market had been rallying. ...
SPX crushes never stopped above MA 200. Even FED pump of 3 trillion into market, buying even stocks of companies that are in bankruptcy, would be over. Earlier or later the crush of -50% will happen as of people will need to sell something to pay bills - already 20% unemployed, 30% not paying rent or mortgage bills in time. As long FED pumps money to keep the...
A new possibility has arisen due to the FEDeral reserve's actions to stabilize the market. The first half of this period will look like 1929 however throughout value will be lost relative to price. We could see halfway through the collapse inflation takes over and prices go crazy. This will be especially damaging to index investors who simply see prices rising and...
Once a parabolic advance is violated, bottoming out takes time. Doomed Rallies which take place between these downturns hurt retail-level investors the hardest. "But this time is different!"..They said. Stay patient.
Work in progress. First time charting on Tradingview. Learning the ropes
THERE ARE 2 GAPS, ONE AT THE TOP, ONE AT TRUMP'S ELECTION! RETAIL HAS PILED IN DURING THIS RALLY! BUT VOLATILITY HAS SOLD OFF! EURODOLLAR VS DARK POOLS AND THE PPT!
First of all: These are all just considerations on my part and should not be regarded as financial tips. I have been very concerned with the problem in the past few weeks and see a good chance that my forecasts will come true. I mostly refer to the Great Depression because all of the older predictions turned out to be correct. Short-term: We will see a smaller...
a deeper look at the ups and downs of the 1929-1932 depression.
Short-term: We will probably see the beginning of market stabilization next week. Midterm: The shareholders have already been able to predict the crash. The unemployed news will not lead to another drop Long-term: It will be similar to the 1929 financial crisis. A deflation that will go on for several years. Government inflation is unlikely to stop the case. ...
Let's start with the broader picture first I understand the market looks horrific at press time, but the first thing that you must know about markets is this, nothing every goes in one direction forever, no matter how bad it seems. For context here are the three major US stock crashes. 2008 Crash 2000 Tech wreck 1929 Great Depression The...
TVC:DJI We are currently in the middle of a drop in the Dow. It is on a massive scale. The pattern has been in a number of places been mentioned against the Crash of 1929. Will the curve unfold in a similar pattern? Or do we just want to reference patterns?
THIS MARKET WANTS TO INFLICT AS MUCH PAIN AS POSSIBLE! I EXPECT THE MOST CONVINCING BEAR MARKET RALLY IN MARKET HISTORY!